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  • Real Estate Blog

    Thursday, August 2, 2018   /   by Sally Ringseth Campbell, MBA

    Thinking of Selling Your Home Yourself: You May Want to Read This First

    The Cost of Selling Without a Real Estate Agent
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    July 16, 2018











    You’ve heard of buyer’s remorse; but without your market expertise and sales skills to back them up, sellers who choose to sell their home on their own just may experience “seller’s regret” when they see how much less they get for their properties. FSBOs earn an average of $60,000 to $90,000 less on the sale of their home than sellers who work with a real estate agent, according to the National Association of REALTORS®. Here’s the breakdown:


    All agent-assisted homes: $250,000 (median selling price)




    All FSBO homes: $190,000




    FSBO homes when buyer knew seller: $160,300


    With this kind of discrepancy, why would any seller choose to go it alone? Some may want to avoid paying an agent's commission—but even factoring that in, FSBOs still stand to make less on their home sale. “Talk to an agent and fin ...

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    Monday, January 22, 2018   /   by Sally Ringseth Campbell, MBA

    Federal Shut Down Assistance

    Although a Government shut down means that some folks will get furloughed, they do get back pay for every day they were furloughed (free vacation for some).  Military folks are not scheduled to be paid for another eight days anyway, but if the shut down lasts, there could be an immediate financial burden for some folks. 

    Navy Federal Credit Union, which is owned by its members, has a solution to that immediate financial burden which may arise. To eligible people there is a loan with a 0% interest rate.  Contact Navy Federal Credit Union to register. 


    The following is extracted from the NFCU website (the link below can be retyped in the address line if there is concern about clicking links)


    Who's Eligible?

    Active Duty servicemembers of the Army, Marine Corps, Navy, Air Force and Coast Guard
    Army or Air National Guard on federal active service
    Officer Candidates of the Armed Forces
    Civilian employees of the DoD



    How to Get a Loan ...

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    Sunday, January 7, 2018   /   by Sally Ringseth Campbell, MBA

    Closing Cost? What is that?

    Closing Costs Paid by Home Buyers
    When getting a loan to purchase a home, there are expenses which are charged to the buyer for the loan.   Typically, some of these costs may be:






    Credit report fee




    Appraisal fee




    Origination fee




    Bank processing fee




    Flood certification fee




    Tax servicing fee




    Recording fee




    Notary fee




    Title insurance




    Prepaid interest




    Prepaid insurance




    Inspections and services requested by the buyer not paid before settlement.




    Pro-rations



    It is very important to understand these items and have your lender explain them one item at a time.

    An estimate of these charges is provided early in the sale process and details approximate costs which will be charged.  There are items on this list that can be used to shop around for different lenders. The Real Estate Agent or lender can help to estimate these charges, but they will only be a ...

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    Friday, January 5, 2018   /   by Sally Ringseth Campbell, MBA

    2018 Tax Cuts and Jobs Act and How it affect Home Owners

    Good day all.  This link will take you to an easy to understand outline of the 2018 Tax changes.   It is very complicated so please understand that where we may be losing in one place we may be gaining in another.  This is a very complicated topic Taxes... so please be sure to speak to your tax professional.  I happen to be a Tax Professional, so I would be happy to field some questions as it relates to your home buying and selling.  At Justice Realty Group, we are dedicated to helping get all the answers you need to make your decisions less complicated.    

    In this day of "clicking links" creating trouble at times from the bad guys and make us weary.  This link came in a National Association of Realtors Newletter. 

     Please know you can always "cut and paste" or retype an link address into the address line of your browser.  This is a way around "clicking" on.  This is true for most all links you receive, unles ...

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